MTS ALLOCATED FREQUENCIES TO OFFER 3G PRODUCTS AND SERVICES IN ARMENIA
RIA Oreanda
Economic News
October 9, 2007 Tuesday
OREANDA-NEWS . October 9, 2007. Mobile TeleSystems OJSC ("MTS" NYSE:
MBT), the largest mobile phone operator in Russia and the CIS,
announces allocation of frequencies to offer 3G (UMTS) services
in Armenia.
The Public Services Regulatory Commission of the Republic of
Armenia has allocated the frequencies to K-Telecom, MTS? 80%-owned
subsidiary. These frequencies will allow MTS to offer high-speed
mobile voice and data services throughout the territory of Armenia.
The allocation is valid for a 10-year period.
K-Telecom is licensed to offer 3G (UMTS) services by virtue of its
overall license to offer mobile services.
Remarked Oleg Raspopov, Acting Vice-President, Head of Business
Unit MTS Foreign Subsidiaries, "The opportunity to bring exciting
3G products and services to our subscribers in Armenia will only
strengthen our leadership position in this market. Given our 3G efforts
in Russia and Uzbekistan, we aim to leverage the full scale of the
Group in our deployment of 3G throughout our markets of operation."
RIA Oreanda
Economic News
October 9, 2007 Tuesday
OREANDA-NEWS . October 9, 2007. Mobile TeleSystems OJSC ("MTS" NYSE:
MBT), the largest mobile phone operator in Russia and the CIS,
announces allocation of frequencies to offer 3G (UMTS) services
in Armenia.
The Public Services Regulatory Commission of the Republic of
Armenia has allocated the frequencies to K-Telecom, MTS? 80%-owned
subsidiary. These frequencies will allow MTS to offer high-speed
mobile voice and data services throughout the territory of Armenia.
The allocation is valid for a 10-year period.
K-Telecom is licensed to offer 3G (UMTS) services by virtue of its
overall license to offer mobile services.
Remarked Oleg Raspopov, Acting Vice-President, Head of Business
Unit MTS Foreign Subsidiaries, "The opportunity to bring exciting
3G products and services to our subscribers in Armenia will only
strengthen our leadership position in this market. Given our 3G efforts
in Russia and Uzbekistan, we aim to leverage the full scale of the
Group in our deployment of 3G throughout our markets of operation."
